Is The election worth the hype for BTC

[Huppercase]

Should we be putting so much weight on the US election in order for Bitcoin to grow or it is just a dumb retail talk?

I see so many people believing that the election is everything for Bitcoin from here and out.

If kamala wins it is 30k for BTc and if Trump wins its 90k for BTC. ..

But Bitcoin was here before these people and it survived this far, what could possibly go wrong anyways if this or that happen?

I think Bitcoin existed when Donald Trump came into office and the election wasn't really having anything on Bitcoin but I think since institutional investors started given interest and buy large chunk, they started to bring their traditional market behavior to influence Bitcoin and now a lot of folks that started Bitcoin in this Bitcoin bull cycle are trapped by this presidential thing. You see this Trump guy, his campaign team are very smart one to be honest.

I think it wasn't Trump that started this Bitcoin election talk, it was some candidate can't really remember his name probably he step down of the race but during those time when he was declaring suppourt for Bitcoin, nobody gave him the attention and never had the audience but as soon as Trump started, the sentiment change because he was Elon person but they forgot how Elon was quick to leave Bitcoin behind even though he claim to be having some left for the company.

[CoinFoxs]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

[irhact]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

I don't agree with you as Bitcoin price always pumps during the election times and we're expecting same thing to happen when the election date gets closer. Bitcoin hasn't been pumping for some weeks to expect the market to dump during that time but since Bitcoin growths has been slow, we can expect the price to start spiking as the election date nears. The election is worth the hype, it's the biggest and most talked about election in the world as the president of  USA has influence over what happens in another part of the world therefore we can't ignore the election. The war in Ukraine and dispute in Gaza is also why this election is very important.

[Marvell1]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

I don't agree with you as Bitcoin price always pumps during the election times and we're expecting same thing to happen when the election date gets closer. Bitcoin hasn't been pumping for some weeks to expect the market to dump during that time but since Bitcoin growths has been slow, we can expect the price to start spiking as the election date nears. The election is worth the hype, it's the biggest and most talked about election in the world as the president of  USA has influence over what happens in another part of the world therefore we can't ignore the election. The war in Ukraine and dispute in Gaza is also why this election is very important.

Yes, if we look at history, we can easily see that bitcoin has grown and the market has entered a bullish phase in every US election, so no matter who wins and history repeats itself, bitcoin prices will still increase.

Even though I support Trump, but I object to absurd predictions like if Harris wins, bitcoin price will drop to $30k or if Trump wins, bitcoin price will rise to $90k. The difference is: if we have a pro-bitcoin president the rally will be crazier and bigger, while if we have a non-bitcoin president the rally might be a little more boring.


We may not see eye to eye on politics, but there is no need to overstate their influence on the market to the point where they can promote or hinder the growth of bitcoin.


Bitcoin price has always increased regardless of who becomes president over the years.
Source: X

[asriloni]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

It's not going to be an easy win for Trump.

The latest data show that Harris leads the election. Her support is rising after the last presidential debate.



Also, it's totally wrong to assume that the result from the election has so much weight on Bitcoin's price. The fact is that FED's cut rate announcement is gonna be even more crucial to impact Bitcoin's price.

[dificanovi]

Should we be putting so much weight on the US election in order for Bitcoin to grow or it is just a dumb retail talk?

I see so many people believing that the election is everything for Bitcoin from here and out.

If kamala wins it is 30k for BTc and if Trump wins its 90k for BTC. ..

But Bitcoin was here before these people and it survived this far, what could possibly go wrong anyways if this or that happen?

Trump is very supportive of the development of the crypto currency, so if he wins and is elected president, I'm sure the price of Bitcoin will rise and might reach the latest ATH price. I am sure the price of Bitcoin will rise if Trump is elected president, but it is impossible for the price of Bitcoin to reach $ 90,000 in the near future, my estimates of the price of Bitcoin might reach $ 70,000. Hopefully the elections in the US will run smoothly and hopefully Trump will be elected as US president so that the price of Bitcoin can be better in the future.

[moneystery]

i don't think the us election has a significant impact on bitcoin, yeah it has had an impact a few times but it hasn't caused bitcoin to experience a significant increase. this is just speculation that is usually done by retail investors, while hodlers or people who already know bitcoin don't really consider the us election on the bitcoin market.

[Przemax]

Maybe it doesnt have much impact but I think that any reason to pump bitcoin is good. Many people will use the oportunity to do so if Trump wins and institutions will probably join.

Some people on TV will mention here and there that Trump is procrypto and that alone is enough to make price go higher.

[doomloop]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

It's not going to be an easy win for Trump.

The latest data show that Harris leads the election. Her support is rising after the last presidential debate.

Also, it's totally wrong to assume that the result from the election has so much weight on Bitcoin's price. The fact is that FED's cut rate announcement is gonna be even more crucial to impact Bitcoin's price.

I think what makes him think that Trump can win the election easily is because Trump is more famous than the rest of the candidates. That is true but not all of the publicity about him are positive but there are negatives too. This could be the reason that Harris takes the lead this time.

The reason on why people assume that the election will affect the BTC price is because of the involvement of some candidates into BTC. One candidate that I know who is now involved with it is Trump. You are right that FED still has more weight in regards to this because obviously it is related to money. In fact, we already saw its effects before.

[red4slash]

Actually talking about elections and bitcoin I think is too not worth it to do because in the end the election is not a thing that can make bitcoin volatility stop so why make an issue of this as if the election has a very large role for bitcoin.

Bitcoin will still be on its own path the same as before where price movements continue to occur and it is very natural when there are increases and decreases because it is a thing that must happen for bitcoin. Regardless of whether there is an election or not it is actually not a reason that bitcoin will go up or down just because one of them wins. But many do not realise that we are actually led by opinion just because to raise political prestige as if they could intervene in bitcoin when in fact things like this are not true.

[Silberman]

Actually talking about elections and bitcoin I think is too not worth it to do because in the end the election is not a thing that can make bitcoin volatility stop so why make an issue of this as if the election has a very large role for bitcoin.

Bitcoin will still be on its own path the same as before where price movements continue to occur and it is very natural when there are increases and decreases because it is a thing that must happen for bitcoin. Regardless of whether there is an election or not it is actually not a reason that bitcoin will go up or down just because one of them wins. But many do not realise that we are actually led by opinion just because to raise political prestige as if they could intervene in bitcoin when in fact things like this are not true.

Bitcoin is an asset traded publicly, which means that even if the US election will not change deep down the core principles of bitcoin, the people that are trading and investing in it are a different story, as they can be easily influenced if a candidate takes a positive or negative attitude towards it, which could cause the price to drop and remain there for some time, with that in mind, it is natural people are giving as much attention as they can to this election, since the consequences of not doing so could be very real.

[red4slash]

Actually talking about elections and bitcoin I think is too not worth it to do because in the end the election is not a thing that can make bitcoin volatility stop so why make an issue of this as if the election has a very large role for bitcoin.

Bitcoin will still be on its own path the same as before where price movements continue to occur and it is very natural when there are increases and decreases because it is a thing that must happen for bitcoin. Regardless of whether there is an election or not it is actually not a reason that bitcoin will go up or down just because one of them wins. But many do not realise that we are actually led by opinion just because to raise political prestige as if they could intervene in bitcoin when in fact things like this are not true.

Bitcoin is an asset traded publicly, which means that even if the US election will not change deep down the core principles of bitcoin, the people that are trading and investing in it are a different story, as they can be easily influenced if a candidate takes a positive or negative attitude towards it, which could cause the price to drop and remain there for some time, with that in mind, it is natural people are giving as much attention as they can to this election, since the consequences of not doing so could be very real.

But in fact for now we can see that in the end many people, Especially beginners are more led to the opinion that bitcoin depends on the results of the presidential election that occurred which is precisely this is a misconception because their thoughts are always centred when Trump wins then bitcoin will increase and when he loses then bitcoin will decrease and it is clear that this is an error that needs to be straightened out.

Although there may ultimately be a slight impact that occurs when the election results are later created but it is only a small impact because in the end bitcoin is not an asset that can be herded just because of something political because we must be aware when the increase and decrease occurs it is purely from their volatility that continues to move not that the presidential election is now a big benchmark for bitcoin.

[GeorgeJohn]

Election doesn't have any impact in technical development of bitcoin, only thing is that people believe that after the election the president that emerged can stand against the development of bitcoin and that makes to be afraid of the person that will emerge neither Harris or trump, but I have not any thing that abolish the existence of bitcoin or reduced bitcoin to nothing, secondly the documents of bitcoin is own one person no single president can stop the existence of bitcoin on earth.

The technology of bitcoin in blockchain has gone viral but yet nobody can eliminate its existence, bitcoin can be regulated in a country but can't be destroy and that's one of things I want people who always be afraid of bitcoin to know. You can tender your support to anyone you feel that's credible to governor US government but don't be afraid nothing will happen to bitcoin.

[Samlucky O]

Should we be putting so much weight on the US election in order for Bitcoin to grow or it is just a dumb retail talk?

Its just a dumb retail talk just as you have described, I don't see a good reason why people keep on emphasizing in this Issue because I believe bitcoin will just do fine wether election or not.

I see so many people believing that the election is everything for Bitcoin from here and out.

That is their own problem, as for me I don't give a fuck about that. Like I always said Bitcoin will always be fine with or without election.the only thing we should be more focused is to invest now that bitcoin has not surpassed the $100k.

[Dailyscript]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

That would be foolish to think that the price of Bitcoin will increase to such an extent because of Trump winning the election. We have seen cases where the price of Bitcoin was supposed to go high but didn't and those cases were better than the US presidential election. Dont you think it will be very fishy if the price goes up and people will start wondering if Bitcoin is truly decentralized as they say? Because for government affairs causing the rise of Bitcoin means there is manipulation somewhere. Unless the case will be different. Being positive right now I am expecting at least 80k from now to December, which means a new ATH is closer. Next year more ATHs will be broken too.

[fruktik]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

You may have seen how the price of Bitcoin rose after Trump paid for a service or product with it. Can you imagine what will happen if he becomes president? I can say with great confidence that the rate will definitely fly up. I have some kind of premonition of this event. Nothing can happen during such an important event for the whole world.

[irhact]

That would be foolish to think that the price of Bitcoin will increase to such an extent because of Trump winning the election. We have seen cases where the price of Bitcoin was supposed to go high but didn't and those cases were better than the US presidential election. Dont you think it will be very fishy if the price goes up and people will start wondering if Bitcoin is truly decentralized as they say? Because for government affairs causing the rise of Bitcoin means there is manipulation somewhere. Unless the case will be different. Being positive right now I am expecting at least 80k from now to December, which means a new ATH is closer. Next year more ATHs will be broken too.

I'm not even expecting a new ATH to be that high by the end of the year, what I think will happen is the price of Bitcoin is going to fall after the election then it'll be trying to recover by the end of the year. Let say we get a new ATH, it  should be between $74k to $75k on 2024. The reason why I'm thinking like this is as many individuals like to sell their Bitcoin after a pump and they won't be considering that next year is going to be a very bullish market. Many individuals make this mistake and I think they're also going to be making the same mistake of selling too early. The election hype for Bitcoin is going to be huge and many traders will definitely be prepared in taking profits.

[maydna]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

You may have seen how the price of Bitcoin rose after Trump paid for a service or product with it. Can you imagine what will happen if he becomes president? I can say with great confidence that the rate will definitely fly up. I have some kind of premonition of this event. Nothing can happen during such an important event for the whole world.

We will see it later when Trump become a new president. Besides that, the price still need time to increase and reach the high price. Perhaps Trump can helps the price to increase but that doesn't mean the price will jump to the high price in a short time. We hope that what we want can happen after Trump win the election which can affect to crypto market and makes the price start the rally without stopping. But that will not possible as when Bitcoin price increase, the correction will comes after that. With or without Trump, I believe the price will definitely go up and reach the new ATH even we don't know when that will happen.

[Zoomic]

Trump will win the US election easily but i don’t think so that after the appointment of trump as President the price of bitcoin immediately increasing reach 90k usd. This year there will be no huge pump in bitcoin’s price, may be next year the price start increasing and bitcoin will reach new ATH price.

You may have seen how the price of Bitcoin rose after Trump paid for a service or product with it. Can you imagine what will happen if he becomes president? I can say with great confidence that the rate will definitely fly up. I have some kind of premonition of this event. Nothing can happen during such an important event for the whole world.

This is exactly my thought. In real sense, Trump cannot on his own manipulate the price of bitcoin, but a president who appreciates and supports the adoption of bitcoin will make lots of people have full confidence in bitcoin. Trump has quite a lot of influence on the people, this is evident in the price of bitcoin immediately after his first transaction with bitcoin. I believe that Trump is getting this much attention from the bitcoin community because everyone will have the freedom to carryout transactions openly with bitcoin without any form of restrictions from the government. Trump winning this election will create a conducive environment for individuals and institutions to adopt bitcoin and this will definitely have a great impact on the price of bitcoin.

[Iranus]

You may have seen how the price of Bitcoin rose after Trump paid for a service or product with it. Can you imagine what will happen if he becomes president? I can say with great confidence that the rate will definitely fly up. I have some kind of premonition of this event. Nothing can happen during such an important event for the whole world.

We will see it later when Trump become a new president. Besides that, the price still need time to increase and reach the high price. Perhaps Trump can helps the price to increase but that doesn't mean the price will jump to the high price in a short time. We hope that what we want can happen after Trump win the election which can affect to crypto market and makes the price start the rally without stopping. But that will not possible as when Bitcoin price increase, the correction will comes after that. With or without Trump, I believe the price will definitely go up and reach the new ATH even we don't know when that will happen.

I support him because I believe his administration will treat the crypto industry better but I don't think the day he gets elected will make bitcoin price skyrocket and so strong. There will definitely be hype if he wins but it won't be hype to the point where bitcoin price will hit $90k or $100k right after. I don't believe in such baseless predictions.

To see that, we need to confirm that after the election, he still maintains a pro-crypto stance and offers open policies for crypto and those things take time.

Have you ever thought about the opposite scenario: what if he gets elected and forgets all his promises? Don't put all your trust in politicians.